“Buyers Stepping In” Leads The Daily Regime of Optimized Algorithms

As of today, Thursday, September 13, 2018, the return from my trading performance since January 1 stands at +78.4 accumulated profit points vs the benchmark SPY’s performance of +17.1 points over the same period. On Wednesday my performance was higher +.3 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Wednesday, the SPY was up +.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.8 points.

57 stocks traded yesterday: 32 long and 25 stocks traded short in the following sectors. 17/57 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 19 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 19 strategies selected today 14 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Buyers Stepping In strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No.

Win%

Strategy

L/S

1

60.7

Bon Shorty

Short

2

62.2

Breakout

Long

3

66.7

Bullish Pullback

Long

4

70.8

Buyers Stepping In

Long

5

62.9

Close to a cross

Long

6

62.1

Count De Monet

Long

7

61.3

Downward Dog

Short

8

62.9

Float On

Long

9

68.3

Got Dough Wants To Go

Long

10

70.7

Little Big Guy

Long

11

61.4

Looking for Bounce

Long

12

68.1

On Support

Long

13

60.7

Power Hour Short

Short

14

59.1

Pushing Through Resistance

Long

15

70.7

Putting on the Breaks

Short

16

69.2

Selling Strength

Short

17

65.1

Sunrise Mover

Long

18

61.2

Tailwind

Long

19

65.7

Yesterday Hammer Today Strength

Long

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

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